Southwest Airlines (NYSE:LUV) jumped 8% over the weekend on news Elliott Management invested $2 billion in LUV stock.The move makes Elliott one of Southwest’s biggest owners.The activist investor is expected to push for changes aimed at increasing returns to investors.LUV stock was due to open this morning at about $30 per share, and its market capitalization was nearly $18 billion.Not Feeling the LuvWhile the news means LUV stock is now up slightly for 2024, it’s down over the last 12 months and off 40% fr ...

文章核心观点 - 美国航空公司西南航空面临来自对冲基金Elliott Management的压力,Elliott希望更换西南航空的CEO和董事长[2][3][4] - Elliott认为西南航空从"最佳航空公司"沦落为行业落后者,需要进行领导层变革[3] - 西南航空面临航班延误、疫情后旅行需求模式变化等挑战,正在寻求新的收入来源以更好地与竞争对手竞争[7][8][9][10] - 西南航空股价过去3年下跌超过50%,而竞争对手达美航空和联合航空的股价变化不及西南航空[11] 公司概况 - 西南航空是一家主要经营国内航线的航空公司,专门使用波音737系列飞机[7] - 西南航空在2022年年底经历了一次严重的航班延误事件,给公司的客户服务声誉造成了打击,需要进行内部调整[10] - 西南航空的CEO和董事长分别于2022年2月和多年前就任,面临领导层变革的压力[9] 行业情况 - 航空业在疫情后面临旅行需求模式的变化,各航空公司正在寻求新的收入来源以保持竞争力[7][8] - 与竞争对手相比,西南航空的股价表现较差,反映了其在行业中的相对落后地位[11] - 航空公司普遍面临飞机交付延迟等供应链问题[7]

Discloses Approximately $1.9 Billion PositionCalls for Upgraded Leadership and Comprehensive Business ReviewBelieves Southwest Stock Can Achieve $49 per Share, a 77% ReturnFull Letter and Presentation Available at StrongerSouthwest.comWEST PALM BEACH, Fla., June 10, 2024 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of approximately $1.9 billion in Southwest Airlines Co. (NYSE: LUV) (the "Company" or "Southwest"), today sent a letter to ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Thinking about travel stocks to sell may seem counterintuitive, with the summer season expected to heat things up for the travel industry. Despite the macroeconomic headwinds, analysts expect robust demand in the upcoming months. Additionally, travel companies have rebounded from the pandemic-led slowdown and are ready to spread their wings.However, recent insights from Deloitte suggest caution. Planned discretionary spending remains weaker for the U.S. consumer while intentions for housing spending are cli ...

DALLAS, June 7, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announced its ranking as the top airline on Forbes America's Best Employers for Veterans List, which recognizes employers who create workplaces where former and current military members can thrive. "We're proud to receive this honor as we strive to foster a workplace that our veterans, service members, and their families treasure every day," said Lindsey Lang, Vice President People at Southwest Airlines. "We appreciate each of our milit ...

"Our Customer-friendly and industry-leading policies allow our People to deliver the Legendary Customer Service and warm Hospitality they're famous for," said Bob Jordan, Southwest Airlines President, Chief Executive Officer, & Vice Chairman of the Board of Directors. "It's a true testament to our Employees, and an honor, to be recognized three times in a row as the Leader in Economy Class Customer Satisfaction by J.D. Power."Southwest Airlines® scored the highest in all seven study dimensions including Day ...

LOS ANGELES, CA - MAY 24: Southwest Airlines Boeing 737-752 arrives at Los Angeles International ... [+] Airport during Memorial Day weekend on May 24, 2024 in Los Angeles, California. (Photo by AaronP/Bauer-Griffin/GC Images)GC ImagesSouthwest Airlines stock (NYSE: LUV) currently trades at $27 per share, more than 55% below its level in April 2021, and it can see higher levels over time. Southwest Airlines Southwest Airlines saw its stock trading at around $36 in early June 2022, just before the Fed starte ...

"This is a great opportunity to HI 5 our Customers for supporting five years of Southwest service in five airports across Hawaii by showcasing and sharing one of the great perks of being part of our Rapid Rewards program," said Jonathan Clarkson, Vice President Marketing at Southwest Airlines. "Hawaii on Southwest is available nonstop from eight mainland gateways, and we're excited for this opportunity to truly connect our Customers for travel between the mainland and the Hawaiian islands." To qualify, Rapi ...

New Route Would Provide Low-Fare Competition and West Coast Connectivity with the Nation's CapitalDALLAS, May 20, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE:LUV) will apply to the U.S. Department of Transportation (DOT) for new, daily nonstop service between Ronald Reagan Washington National Airport (DCA) and Harry Reid International Airport in Las Vegas (LAS). The carrier is seeking one of five new round-trip flights made available at DCA through the FAA Reauthorization Act of 2024.The new nonstop s ...